risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …, on average, lower loan losses, (b) the loss rate of a given industry in a bank's loan portfolio is lower if the bank has …

effects of banking consolidation in Germany. As small and medium sized German companies traditionally almost exclusively rely … on bank credit and as they represent the vast majority of the corporate sector reduced credit availability for those … banking consolidation in Germany does not have a significant negative impact on the financing of small and medium …

risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …, on average, lower loan losses, (b) the loss rate of a given industry in a bank's loan portfolio is lower if the bank has …

effects of banking consolidation in Germany. As small and medium sized German companies traditionally almost exclusively rely … on bank credit and as they represent the vast majority of the corporate sector reduced credit availability for those … banking consolidation in Germany does not have a significant negative impact on the financing of small and medium …

relationships. This paper aims at filling this gap. We measure concentration in Western Germany for the time period from 1986 to … of all industries in Western Germany. However, despite concentration being significant, the value of the EGI is rather …